XST 0.00% 0.9¢ xstate resources limited

There are significantly more shares now compared to when it...

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  1. 873 Posts.
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    There are significantly more shares now compared to when it spiked for Dempsey gas shows, to say it could go to a MC of roughly 300million is just silly.
    if there are gas shows then a MC of between 50-100mill could happen based on hype. Which would put us back to 2-3c.
    lets also just remember that even though I don't like him nor do I agree with GO that this is a dud, Dempsey WAS a dud even after significant gas shows, so even if they do hit gas, unless it is proven to flow any SP action will be all speculation!


    sorry to sound like a 'downer' but to say it'll go to the moon isn't fair to those that read it as gospel.
    i own and consider it a buy, but will also sell a bunch if there is a big rise on first gas shows and keep what I do have in reserve to ride to the end. At least that's the plan anyway.
 
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